Earn money with Facebook by creating a following; promoting your content, selling products, or promoting sponsored content. The more people follow you for content or information, the easier it will be to sell products and generate income.
Fortunately for you, I will show you how to make money with Facebook. I will show you some of the best features to make money and give you some ideas to get started. If you work hard enough, you can start making the money from Facebook.
How to make money using Facebook?
The easiest way to make money with Facebook is to build an audience around the Facebook pages or groups. When you have an audience, you can sell or advertise to your audience and earn money. Examples of how to monetize include creating a following; promoting your content, selling products, or promoting sponsored content.
Create a list or follow
One of the most popular strategies for marketers to make money on Facebook is to build a following. Your goal is to create a list of people to showcase products, generate leads, or submit sponsored content.
Facebook is a great tool for creating a list to distribute your message to people. You can have a Facebook follower of 100,000 people. That's 100,000 people who hear your messages or see your product for sale.
Let's say you've built 100k followers around losing weight. You can send a post on Facebook to announce your new weight loss cycle and reach 100,000 people instantly.
Assuming 1% of people buy, you've made 1,000 sales just for having a listing. A $40 Product Will Make You $40,000!
But what if you do not have your own product? You can always find someone else product to sell if they offer a commission. Assuming the product is $40 with a 50% commission, you'll earn $20 per sale.
You can also advertise companies and get paid. Companies will pay you to send a message to your listing about their products or services. You get paid to have an audience and you can get paid more the bigger the audience.
Promote your own content / display ads
You can use Facebook to promote your content monetized through display ads or affiliate products. The goal is to use Facebook as a way to get website traffic or video views.
Most bloggers and YouTubers earn money by displaying display ads on their content. Some even use their content to promote product offerings. The more views the content has the more money the creator earns.
It can be your Facebook page or a group full of followers. Whenever you produce a new piece of content, show it to your followers to get some movement.
Affiliate Marketing
Affiliate marketing is the process of promoting someone else's product in exchange for a commission. You earn a portion of the selling price as an incentive to promote the product. Use affiliate marketing to showcase the products that will benefit your audience.
For example, you might have a Facebook group focused on healthy eating for diabetics. Someone might ask the group a question about the healthy eating for diabetics.
You can find an e-book or course that helps diabetics control their food and offers a 50% commission. She responds to the question with a helpful answer and recommends the e-book as a helpful resource.
Sell your products
Instead of selling someone else's products, you can also sell your own. Creating and selling digital products takes time, but you have to keep all the profits. You can also find people on Facebook who are interested in promoting your product for a commission.
We've already talked about how Facebook Groups and Pages are a good way to build a list. Your listing is the perfect place to sell your own products.
Promote Sponsored Content
Companies like Izea allow you to connect with big brands interested in advertising to your audience. When your audience is big enough, you can make serious money with sponsored posts.
For example, you might have a large following on a Facebook page that posts pictures of shoes. You might get an Izea and get a deal with Nike or Adidas to post pictures or certain deals to your audience.
You work with big brands that have big advertising budgets. These companies want to reach customers anywhere they can. The more your Facebook followers focus on a particular product, the easier it will be for you to earn money.
